Citrix Systems CEO to Retire

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Citrix Systems Inc. announced the retirement of its long time chief executive, Mark Templeton, and the workplace-software company announced plans to appoint Jesse Cohn of Elliott Management Corp. to its board of directors. The news comes as the company reported ...

Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares recovered from recent losses with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. ...

Solvay to Buy Cytec Industries for $5.5 Billion

TODAY: July 29, 2015 PUB DATE: July 29, 2015

BRUSSELS?Belgium-based chemicals company Solvay SA on Wednesday said it is buying U.S. counterpart Cytec Industries Inc. for $5.5 billion to boost its product offering. Solvay said it would pay $75.25 a share for Cytec and finance the deal by raising ...

S&P Lowers Brazil's Credit Outlook -- Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Citrix Systems CEO Mark Templeton to Retire -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Don Clark and Neil Haggerty Citrix Systems Inc. said Chief Executive Mark Templeton planned to retire after two decades at the software maker, which announced a series of leadership and potential structural changes in the wake of pressure from ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is ...

Correction to South Korea MERS Article (on Tuesday)

TODAY: July 29, 2015 PUB DATE: July 29, 2015

South Korea's central bank has cut interest rates once since the outbreak of MERS. "South Korea MERS Outbreak Is Over, Government Says," at 0307 GMT, incorrectly said it had cut interest rates twice in the eighth paragraph. (END) Dow Jones ...

SSE PLC SSE PLC GAS ASSETS ACQUISITION

TODAY: July 29, 2015 PUB DATE: July 29, 2015

TIDMSSE RNS Number : 3660U SSE PLC 29 July 2015 SSE plc GAS ASSETS ACQUISITION SSE plc, through its wholly-owned subsidiary SSE E&P; UK Limited, has entered into an agreement with Total E&P; UK Limited to acquire: a 20% interest ...

S&P Lowers Brazil's Credit Outlook -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is 2.3% higher at ...

Oil Prices Rebound From Four-Month Lows

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Biman Mukherji HONG KONG--Oil prices rebounded from near four-month lows on Wednesday as calm returned to equity markets following a selloff in China earlier in the week. The plunge in China's stock market hit trading sentiment and investors withdrew ...

Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares were roughly flat, with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. The ...

NAB Sells Great Western Bank at Loss to Book Value

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Robb M. Stewart MELBOURNE, Australia--National Australia Bank Ltd. (NAB.AU) has forecast a loss on the sale of regional U.S. lender Great Western Bancorp Inc. (GWB), although the exit will bolster its capital levels. The Australian bank said it had ...

Yelp Cuts Revenue Guidance, Chairman to Step Down -- 3rd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Josh Beckerman And Maria Armental Yelp Inc. lowered its revenue guidance for the year, citing slower sales head-count growth and the elimination of its brand-advertising product. The reviews site expects revenue of $544 million to $550 million for the ...

German Consumer Sentiment Set to Stabilize in August

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Emese Bartha FRANKFURT--German consumer sentiment is set to stabilize in August, market research group GfK said in its monthly survey Wednesday, underscoring views that consumer consumption remains a significant pillar of Europe's largest economy this year. The forward-looking GfK ...

ASIA MARKETS: China Stocks Remain Weak As Investors Focus On The Fed

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite was off 1.2% at 3,617.65. The smaller Shenzhen Composite was ...

Dollar Flat Against Yen, Euro Ahead of FOMC

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Hiroyuki Kachi The dollar was almost unchanged against the yen and the euro during Asian trade Wednesday, with investors avoiding taking strong positions ahead of the outcome from the Federal Open Market Committee meeting during early morning hours in ...